Congressman Bachus must have let one of his grandkids near the computer. The House Committee on Financial Services, of which Congressman Bachus is the chairman, has jumped into the world of social media. They have a Twitter feed, a YouTube Channel, a Facebook page and a blog: The Bottom Line. Even though the SEC has … Read more »
Category: Publish to KM Space
The Monstrous Size of Dodd-Frank
“What is 20 times taller than the Statue of Liberty, 15 times longer than “Moby Dick” and would take the average reader more than a month to read, even if you hunkered down with it for 40 hours a week?” If you’ve been Dodd-Frank’ed, you know the answer. The last round of financial overhaul was … Read more »
The Case for Executive Assistants
Why would you pay managers big salaries and then ask them to make their own hotel reservations? Since it’s Administrative Professionals Day, a story in this month’s Harvard Business Review caught my eye: The Case for Executive Assistants. (Now looking at the Administrative Professionals’ website, I see it has grown from being mere a day … Read more »
Free Will and Compliance
“Human Irony” from Saturday Morning Breakfast Cereal Heisenberg Uncertainty: Published by Werner Heisenberg in 1927, the principle implies that it is impossible to determine simultaneously both the position and the momentum of an electron or any other particle with any great degree of accuracy or certainty. Read more »
The SEC is Looking at Advisers’ Use of Social Media
According to a story in Investment News, the Securities and Exchange Commission began a sweep of investment advisers’ use of social media and social networking last month. The story hast a quote from Doug Flynn, an adviser at Flynn Zito Capital Management LLC, that is exactly on target for traditional investment advisers: “I’d love to … Read more »
Read a Free Book
I have an extra copy of All the Devils are Here by Bethany McLean and Joe Nocera. They put together an insightful look at the many factors that created the housing bubble and amplified the destruction when it popped. Pundits and purists have tried to pin the blame on a single element. It seems clear … Read more »
Looking at the Residential Mortgage Crash
Matt Phillips at WSJ.com’s Market Beat put together some great charts showing the problems with the residential mortgage market: Fannie and Freddie: The Saga in Charts. The first one that caught my eye shows how Wall-Street took such a quick, big chunk of the market share of residential mortgage-backed securities during the housing boom. Fannie … Read more »
Celebrate Valentine’s Day with a Regulatory Twist
As someone who stares at a lot of regulations, this Valentine’s Day message caught my eye. If you are a fan of NPR, they have several other ways to share Valentine’s Day with an NPR flavor. And don’t forget about the compliance issues you can run into. Dan Schwartz compiled a bunch of bungled romance … Read more »
Blogoversary and Why I Blog
Instead of substantive information, today’s post focuses on me and this website. Compliance Building went public on February 12, 2009. Since then, I have managed to publish a blog post every business day. Sometimes, more than one. I hope at least some of those 1250 posts were useful to you, whether you are a subscriber … Read more »
How to Find Answers Within Your Company – Would Quora Work?
Making sure that people get the right answer to questions is vital to the success of a business. From a compliance perspective, it’s important that questions in the compliance domain get answered correctly. It’s just as important that compliance professionals can find the correct answers to their questions. On one side you have GRC, trying … Read more »